ACCA Advanced Financial Management (AFM) Study Text - 2025-26 (ACCA - 2025-26)

Fully covering the syllabus but without excessive detail, this book is written in clear English and uses an attractive, simple layout. With a large bank of practice questions and comprehensive solutions to help you with learning each topic, this book is an essential tool for passing your ACCA exam.This book covers everything you would expect from an exam-focused text:The role and responsibilities of the senior financial executiveTheoretical and practical rationale for risk managementEthical and governance issuesManagement of international trade and financeDividend policy and transfer pricing in multinationalsNet present valueDCF and riskInternal rate of return and modified internal rate of returnOption pricing theory and investment decisionsSources and cost of financeFinancing of projectsValuation and the use of free cash flowsInternational investment and financing decisionsMergers and acquisitionsCorporate reconstruction and reorganisationThe treasury functionForeign exchange risk and currency risk managementInterest rate risk. Hedging with FRAs and swapsFutures and hedging with futuresHedging with options Read more